Oireachtas Joint and Select Committees

Thursday, 28 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

Senator, I'll bring you back in because I need to reframe this for Mr. Neary so it's very, very clear. And to remind you you're under oath, you're here for questioning and that this inquiry has two things to do: one is to find out what went wrong, and secondly is to prevent it from happening again. What Senator O'Keeffe is asking you is that yes, there were a lot of actions taken by the ... by you and your office. The question is ... is that there were series of things that happened and we ended up in the biggest financial crisis that this country ever faced. For us to prevent that from happening in the future, we need to know what went wrong. And Senator O'Keeffe is asking you what went wrong and we need to hear it from you.

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